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Jul 15, 2011 4:30am EDT
the national debt is more than $14 trillion. >> now, how big is that? this is kind of fun, let's take a look at what $1,000 looks like in $100 bills. now let's take a look at what $1 million and $1 billion would look like and this is what $1 trillion looks like. multiply by that by 14 and that's roughly how much our country is in the red. >> i take just a quarter. >> i would too. >>> meantime a new york man accused of dismembers an 8-year- old boy has pleaded not guilty. a judge ordered levi aaron to undergo a psychological evaluation after his lawyers said he may be mentally ill. police say he urged leiby kletzky away and then killed him. they found parts of his body in different places. >> it's an unbelievable, unbelievable feeling that i feel like i lost sort of my kids. that's the closeness that everybody feels to this family. >> first of all, the realization that we lost a child. number two, i can speak for myself as a father thinking what were the final grisly moments of his death? there's no words. i have to step away because i'm getting very emotional. >> wednesday night, tearful cha
Jul 20, 2011 4:30am EDT
with the big bang during the height of the crisis, having painting, oh, my goodness. >> at 4:41, a huge defense contractor announces a round of voluntary layoffs. >> more than a dozen people are in custody for a cyberattack against pay pal. >> we're back with your weather first in two minutes. [ man ] did we get anything good? sweetie i think you need a little extra fiber in your diet. fiber makes me sad. oh common. i dare you to taste one hint of fiber in fiber one. oh, i'd be able to tell. why don't i just eat this bag? and how can you talk to me about fiber when you are eating a candybar. you enjoy that. i am. [ male announcer ] fiber beyond recognition. fiber one. >>> it is really muggy out there. it is going to be another hot, hot day. slight chance of a thunderstorm. i've left it off of the forecast. we may see one, two this afternoon. highs today 96, 97, kind of like yesterday. triple digits on the way. we'll talk about that in a few minutes. angie has the latest timesaver traffic. >> we're taking a look at maryland's 270 making that southbound trip, notice moving at speed past 109 despi
Jul 22, 2011 4:30am EDT
. remember, our summer, their winter. they got big mountains down there. >> nine feet. >> we had storms like that, almost like that out in the western u.s. prolifics winter for snow. they were skiing in places like mammoth through independence day. >> here, no skiing. >> no way. >> i could go for some slopes. sno-cone even. a slushy, i don't care. anything with ice with it will work for me. we've got dangerous heat and humidity. that's the problem. it was the problem yesterday. it will be the problem today. it will be the problem tomorrow. conditions will be improving. we'll be getting a little bit of relief. even into the lower 90s. looking at your forecast, our day planner on this severe weather alert day due to the heat, the humidity, the code red air. we're going to very quickly warm up. 97 by noon. even in the upper 80s here at 8:00. 87 degrees at 8:00 in the morning. what is going on. northwest winds will become southwesterly this afternoon. 102 by 4:00. that will be about the high today. some spots night of might make 103, 104 with an isolated storm or two this afternoon. we keep our
Jul 11, 2011 4:30am EDT
hikes associated with it. instead, pushing for smaller $2 trillion measure. >> a big package would require big tax increases in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment, it is a job killer, terrible idea. >> reporter: even democrats are raising concerns about the president's plan, especially cuts to medicare and other social services. >> we said we won't end the medicare guarantee. >> president obama scheduled a news conference before he meets with lawmakers. he's expected to stress that a deal must be reached within the next week and a half. for the u.s. to avoid its first ever default. >> the president's made it clear he's going to do clear political things for him., for his party. the republicans will have to do some things, too. >> if the deal to raise the debt ceiling is not approved by august 2nd, the treasury department says the government will run out of money to pay its bills. the new head of the international monetary fund warns the impact could be felt worldwide. >> interest hikes, stock markets, taking a huge hit and
Jul 18, 2011 4:30am EDT
is not giving up on the massive deficit reduction deal. >> there's time to get something big done. the president made it clear he wants to do something substantial. >> reporter: with the default line 15 days away, president obama and loaders are scrambling to to cut the budget and work on taxes. a new plan will have a constitutional plan requiring a balanced budget. the proposal rules out any tax human beings, and they said it's dead on arrival. >> we need to accept the responsibility to do the job and lead. $there were no formal talks over the weekend, but behind the scenes, there's a bipartisan backup plan. >> reporter: the measure would allow president obama on his own to raise the debt ceiling in stages. there's not enough to satisfy most republicans. >> i think the mcconnell plan is more of washington not taking responsibility. >> reporter: the chairman, ben bernanke is urging lawmakers to do something quickly, warning a failure to do so would be a self-inflict the wound with serious consequences. joel brown, washington. >> president obama and congressional leaders realize that a deal reali
Jul 7, 2011 4:30am EDT
. >>> executives who are found responsible for big bank failures may have to pay up out of their own pockets. new rule says federal regulators can recapture two years of pay from investigators who have found negligent for a bank's demise. banks are worrying that rule could lead executives to jump ship at the first sign of trouble in an organization. >>> seems those red-light cameras are not raising the revenue they once did. cameras snap pictures of drivers running red lights and violators receive the fines in the mail. they've been a dependable source of income for many cities but drivers get wise and actually obey the law which is happening here in d.c. duh! revenue has been dropping in many cities and it is leading to layoffs of employees. >> with the syntaxes, it could happen. you obey the law, you stop drinking, you stop smoking, there goes the revenue. >> parking is going to be a problem for commuters on both sides of the potomac. >>> welcome back to 9news now. meteorologist, anny hong is in for howard bernstein. >> just made it in time. looking at doppler, we've got some showers out there.
Jul 26, 2011 4:30am EDT
't have enough money to pay all of its bills and that could have a big impact. checking the numbers, the dow stands this morning at 12,592. finished the day down 88 points in trade. nasdaq was off by 16. s&p 500. we stand by about seven and a half. the gap between those with the most and the least continues to widen. in fact, the wealth gap has grown to its widest levels in a quarter century. an analysis of census data blames the recession and uneven recovery for raise erasing decades of minority gains. >>> today, the postal service is expected to announce it will study whether to close thousands of local post offices around the country. about 3600 offices are facing review, mostly located in rural areas. postal officials are looking into options for those regions. the postal service trying to cut cost lost $8 billion last year. >>> just because it is reviewing the organizations it doesn't mean they're necessarily going to close. job hunters, we have a career fair for you this wednesday. the diversity career fair will be held between 10:00 a.m. and 2:00 p.m. at the tysons corner ma
Search Results 0 to 6 of about 7